Press release
Soft Robotics Market to reach USD 5594.10 Mn. by 2029, emerging at a CAGR of 39.00 percent and forecast 2023-2029
Soft Robotics Market
Soft robotics, characterized by their malleable materials including fluids, gels, and synthetic rubber, are revolutionizing industries worldwide. Their elastic and rheological properties allow them to adapt to various shapes and execute a wide range of tasks, making them resilient in challenging environments. Soft robotics, inspired by natural movements, offer enhanced flexibility, adaptability, and safety when working alongside humans, making them a burgeoning force in advanced manufacturing.
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Global Soft Robotics Market Research Methodology
The report offers a comprehensive analysis of the global Soft Robotics Market, presenting past and current industry status with forecasted market trends. Complex data is presented in an accessible manner. The report covers key players, including market leaders, followers, and new entrants, employing PORTER and PESTEL analyses to assess the potential impact of micro-economic factors.
What are Global Soft Robotics Market Dynamics:
The key drivers of the global soft robotics market include the continuous automation improvements in the food and beverage industry and the expansion of research and development efforts in robotics. Despite the challenges posed by the COVID-19 pandemic, governments globally have initiated research and development programs to underscore the significance of robotics in various industries.
Global Soft Robotics Market Regional Insights:
North America leads the global soft robotics market, with expected market dominance by 2027. The region's increasing per capita wealth has spurred demand for efficient manufacturing methods, leading to the incorporation of large assembly lines in production processes.
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What is Global Soft Robotics Market Segmentation:
The global market for soft robotics is divided into categories based on type, including soft grippers, cobots, inflatable robots, wearable robots (exoskeletons), edible robots, and others. By 2027, the wearable robots (Exoskeletons) market sector is anticipated to command a market share. Exoskeletons have been commercialized and have a greater market share than soft grippers and soft co-robots. This is as a result of a greater emphasis on research in the healthcare sector based on the need for human interaction. Therefore, throughout the forecast period of 2021-2027, these key advantages will propel the growth of the control valves sector in the worldwide Soft Robotics market.
The global market for soft robots is divided into the following application categories: survey & exploration, medical & healthcare, food & beverage, logistics, entertainment & gaming, automotive, and others. During the forecast period of 2021-2027, the medical & healthcare category is anticipated to develop at a faster CAGR of in the worldwide Soft Robotics market. The inherent compatibility of soft robotics with biological and human tissues is a huge advantage. One of the study areas where soft robots have a strong potential for utilisation is minimally invasive surgery (MIS). This is as a result of the elimination of the drawbacks of traditional MIS techniques, such as their lack of full flexibility.
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Who are Global Soft Robotics Market Key Players:
• KAWADA Robotics Corporation
• F&P Robotics AG
• Ekso Bionics Holdings, Inc.
• Soft Robotics Inc.
• RightHand Robotics Inc.
• ReWalk Robotics Ltd.
• Rethink Robotics
• Kawasaki
• Yaskawa Electric Corporation
• AUBO Robotics Inc.
• KUKA AG
• ABB Ltd.
• Techman Robot
• FANUC Corporation
• Universal Robots A/S
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The table of content for the Global Soft Robotics Market includes:
1. Global Global Soft Robotics Market: Research Methodology
2.
Global Global Soft Robotics Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Global Soft Robotics Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by Region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size, and Forecast by Different Segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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